{"id":226,"date":"2019-10-24T14:26:06","date_gmt":"2019-10-24T14:26:06","guid":{"rendered":"http:\/\/phphouses.com\/blog\/?p=226"},"modified":"2019-10-24T14:26:08","modified_gmt":"2019-10-24T14:26:08","slug":"think-prices-have-skyrocketed-look-at-rents","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/think-prices-have-skyrocketed-look-at-rents\/","title":{"rendered":"Think Prices Have Skyrocketed? Look at Rents."},"content":{"rendered":"\n
\"\"
Woman going through bills at home<\/figcaption><\/figure>\n\n\n\n

Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let\u2019s shed a little light on this subject.<\/p>\n\n\n\n

In the most recent Apartment Rent Report<\/a>, RentCafe<\/em> explains how rents have continued to increase over the last twelve months because of a large demand and a limited supply.<\/p>\n\n\n\n

 \u201cContinued interest in rental apartments and <\/em>slowing construction<\/em><\/a> keeps the national average rent on a strong upward trend.\u201d<\/em><\/p><\/blockquote>\n\n\n\n

Zillow<\/em>, in its latest Rent Index<\/a>, agreed that rents are continuing on an \u201cupward trend\u201d across most of the country, and that the trend is accelerating:<\/p>\n\n\n\n

\u201cThe median U.S. rent grew 2% year-over-year, to $1,595 per month. National rent growth is faster than a year ago, and while 46 of the 50 largest markets are showing deceleration in annual home value growth, annual rent growth is accelerating in 41 of the largest 50 markets.\u201d<\/em><\/p><\/blockquote>\n\n\n\n

The\u00a0Zillow<\/em>\u00a0report went on to detail rent increases since the beginning of the housing market recovery in 2012. Here is a graph showing the increases:<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Bottom Line<\/strong><\/h3>\n\n\n\n

It is true that home prices have risen over the past seven years, increasing the cost of owning a home. However, the cost of renting a home has also increased over that same time period.<\/p>\n\n\n\n

Contact us:
PHP Houses<\/a>
142 W Lakeview Ave
Unit 1030
Lake Mary, FL 32746
Ph: (407) 519-0719
Fax: (407) 205-1951
email: info@phphouses.com<\/a><\/p>\n\n\n\n

Let’s Connect:
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<\/p>\n","protected":false},"excerpt":{"rendered":"

Much has been written about how residential real estate values have increased since the housing market started its recovery in 2012. However, little has been shared about what has taken place with residential rental prices. Let\u2019s shed a little light on this subject. In the most recent Apartment Rent Report, RentCafe explains how rents have continued to increase… Finish Reading Think Prices Have Skyrocketed? Look at Rents.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[15,50,10,18,27,52,25,9,49,42,40,20,24,13,28,19],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/226"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=226"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/226\/revisions"}],"predecessor-version":[{"id":229,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/226\/revisions\/229"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}